NASDAQ 100 & S&P 500 - Elliott Wave Daily Update 6/3/2024 by Michael Filighera

Both the NQ and ES traded more or less in a box range not exceeding yesterday's highs or lows. That pattern may last a bit longer as I focus on the day-to-day range which will be more geared towards "day trading and swing trading". I lay out expectations and support levels in both markets. The daily expectations remain for an eventual break higher and to new ATH's.
Wednesday premarket @8:15 AM EDT - ADP Employment Report - @9:45 AM EDT S&P Flash Services PMI, and @10AM EDT - ISM Services
Detail oriented trade room showing live markets and teaching proven methods, hosted by a trader with decades of actual real world trading experience.
Michael Filighera of LogicalSignals.com and TradersHelpingTraders.com is an internationally published technical analyst covering the major indices, bonds, currencies, and commodities. Michael’s history with the financial markets dates back to 1979 on the Pacific Stock Exchange Options trading floor. He has traded in the U.S., U.K. (London Traded Options Market), Netherlands (Amsterdam’s European Options Exchange), and Germany (DTB).
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